Fitch Affirms Bahrain at 'BBB'; Outlook Stable | Reuters

Fitch Affirms Bahrain at 'BBB'; Outlook Stable | Reuters:



"(The following statement was released by the rating agency) LONDON, June 20 (Fitch) Fitch Ratings has affirmed Bahrain's Long-term foreign currency Issuer Default Rating (IDR) at 'BBB' and local currency IDR at 'BBB+'. The Outlooks are Stable. The issue ratings on Bahrain's senior unsecured foreign and local currency bonds have also been affirmed at 'BBB' and 'BBB+', respectively. The agency has simultaneously affirmed Bahrain's Country Ceiling at 'BBB+' and Short-term foreign currency IDR at 'F3'."



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